JPMorgan Unveils Juno Prototype at Hyperledger Meeting

JPMorgan has unveiled what it calls a "distributed cryptoledger", presented during this week's meeting of the technical steering committee for the Linux Foundation-led open-source Hyperledger Project. The prototype, dubbed Juno, was presented by developer Will Marino on 3rd March. JPMorgan executive director David Voell said during the meeting that the proposal has been under development since September of last year, and that it is one of several concepts that he said the bank has been working on. Juno provides support for a smart contract language called 'Hopper' within a permissioned....

JPMorgan has lost two of its senior leaders on its blockchain project, Juno, as they embark on starting up their own blockchain startup, a report by Quartz revealed. Will Martino, the lead developer and Stuart Popejoy, the head of Juno started Kadena.io in June; however, the two departures signify the difficult task that financial institutions have at retaining tech talent as they embrace the blockchain technology. By utilizing the Juno project, Martino and Popejoy are hoping with their own blockchain startup to highlight the risk that companies will be taking by following the open source....

Tech giant Intel has unveiled a new experimental distributed ledger platform dubbed "Sawtooth Lake". Code for proposed contribution to the open-source Hyperledger blockchain project was posted to GitHub today, along with an in-depth informational release that outlines the major planks of the initiative and offers a tutorial for implementing the code. The code was presented at today's Hyperledger technical steering committee meeting. Intel described Sawtooth Lake as "a highly modular platform for building, deploying and running distributed ledgers". According to the....

In spite of massive investment in financial technology, JPMorgan Chase still has a long way to go to meet its blockchain objectives. Abhijit Gupta, multinational bank’s head of science and technology in the Asia Pacific, told Chinese news service Sina that he was concerned about the improvements in the technology, “especially speed,” according to a translation of the article. Gupta added: "Over the past year and a half, the processing time of our system [improved by] 10 times, but in fact we need to achieve is 1,000 times. " The details come months after the bank first began....

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led by Parafi Capital, Crypto Startup Reveals Loyalty Token The Web3 crypto startup Juno is a digital currency company that provides clients with the ability to create a checking account by leveraging crypto assets. On October 1, it was revealed that the....